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| The Scuppers This is a new forum for the not necessarily fishing related topics... |
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03-01-2014, 10:52 AM
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#31
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Registered User
Join Date: Mar 2003
Location: Gloucester Massachusetts
Posts: 2,678
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I will put my money in the stock market...  |
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03-01-2014, 02:12 PM
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#32
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Seldom Seen
Join Date: May 2001
Posts: 10,553
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I have been interested enough to invest easily at least 20 hours into reading and research on this crypto, digital currency. Every time I think I may be getting onboard with throwing a small amount of USD at it, I read something that turns me away, usually by uncovering a further lack of protection from something that can override the software so that I can not access bitcoins in "my" electronic wallet. While I understand the difference from being a virtual currency, it is still close enough to be of the same cloth. And virtual is not real. Some smart people will do well, while some smart people will lose it all. Too illiquid from an investment point. Not enough true investors (mutual funds, PMs, or banks) involved to have liquidity. They aren't able to invest in bitcoin. Even hedge funds wouldn't invest to any meaningful degree. It just isn't ready to play in the big leagues due to not having enough development in protection, liquidity, regulation, or acceptance.
I am doing fine with my returns this year utilizing classical economics training and analytics from twenty years as a financial advisor in my previous life......
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03-02-2014, 12:07 PM
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#33
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It's about respect baby!
Join Date: Apr 2003
Location: ri
Posts: 6,358
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I pillaged like a drunk viking in 2008 when everything went to #^&#^&#^&#^& |
Domination takes full concentration..
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03-05-2014, 08:11 AM
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#34
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Seldom Seen
Join Date: May 2001
Posts: 10,553
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Seems the problem is holding onto your Bitcoins.....
Flexcoin, an electronic wallet provider, or bank for bitcoin, was hacked and robbed of over $500,000 of bitcoins from its own account..... Flexcoin also ceased its operations this morning.
Personally, there isn't enough upside in the world for me to invest in something that can be stolen from me in so many ways before I know what has happened.....
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03-10-2014, 03:21 PM
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#37
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Certifiable Intertidal Anguiologist
Join Date: Feb 2000
Location: Somewhere between OOB & west of Watch Hill
Posts: 35,381
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Quote:
Originally Posted by The Dad Fisherman
You can get it on DVD...
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Quote:
Originally Posted by BMEUPSCOTTY
OMG... We based the design of our couch forts on the interior of the ship on that show.
Posted from my iPhone/Mobile device
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You know a show is good when the entire series fits on one VHS tape or DVD. |
~Fix the Bait~ ~Pogies Forever~
Striped Bass Fishing - All Stripers
Kobayashi Maru Election - there is no way to win.
Apocalypse is Coming:
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03-10-2014, 08:08 PM
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#38
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Super Moderator
Join Date: Sep 2003
Location: Georgetown MA
Posts: 18,225
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Quote:
Originally Posted by JohnR
You know a show is good when the entire series fits on one VHS tape or DVD.
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You better check that attitude when you talk to the legions of "Firefly" fans...... 
Posted from my iPhone/Mobile device |
"If you're arguing with an idiot, make sure he isn't doing the same thing."
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03-25-2014, 01:54 PM
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#39
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,501
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03-25-2014, 03:53 PM
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#40
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Great White Scup Hunter
Join Date: Nov 2006
Location: In the Corner...
Posts: 2,251
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Quote:
Originally Posted by spence
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Enjoy the tax season bit coin peeps. Lol
Posted from my iPhone/Mobile device |
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03-25-2014, 04:22 PM
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#41
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Registered User
Join Date: Sep 2003
Location: Libtardia
Posts: 21,719
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LOL
Posted from my iPhone/Mobile device
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03-25-2014, 04:23 PM
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#42
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Registered User
Join Date: Sep 2003
Location: Libtardia
Posts: 21,719
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If it's too good to be true, then it probably is.
Posted from my iPhone/Mobile device
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03-25-2014, 07:32 PM
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#43
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Registered User
Join Date: Jul 2004
Posts: 10,313
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If you use bitcoins to buy drugs on silkroad what is your tax liability?
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03-25-2014, 08:37 PM
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#44
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Registered User
Join Date: Oct 2006
Location: Marshfield, Ma
Posts: 2,150
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I'm not into bit coins at all but leave it to the IRS to tax something that is fictitious..
Posted from my iPhone/Mobile device
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03-25-2014, 09:19 PM
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#45
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,501
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Quote:
Originally Posted by Piscator
I'm not into bit coins at all but leave it to the IRS to tax something that is fictitious..
Posted from my iPhone/Mobile device
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Any less fictitious as the housing market?
-spence |
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03-25-2014, 10:23 PM
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#46
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Registered User
Join Date: Oct 2006
Location: Marshfield, Ma
Posts: 2,150
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Quote:
Originally Posted by spence
Any less fictitious as the housing market?
-spence
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You can see and touch a house
Posted from my iPhone/Mobile device |
"I know a taxidermy man back home. He gonna have a heart attack when he see what I brung him!"
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03-25-2014, 11:01 PM
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#47
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Registered User
Join Date: Feb 2009
Posts: 7,725
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Quote:
Originally Posted by spence
Any less fictitious as the housing market?
-spence
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And fictitious inflation rates. Fictitious unemployment rates. Fictitious campaign promises. Fictitious reasons for regulations. Fictitious differences between fictitious politicians creating fictitious government granting fictitious rights. In many respects, fictitious lives. We are living in an age of the grand fiction. One of the few things human we count on being real is our sports. Sort of.
It's got to be a beyotch calculating the value of the bit coin at the time of purchase or sale since it's value fluctuates so violently. Do you think this is an attempt to get rid of it? |
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12-15-2017, 05:30 PM
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#48
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Registered User
Join Date: Nov 2003
Location: MA
Posts: 3,630
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Quote:
Originally Posted by spence
I give it 6 months before you see low double digits.
-spence
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:shake:
I called 10k that year lol , maybe it took 4 more but hey its almost 20k now
Last edited by cheferson; 12-15-2017 at 05:36 PM..
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